I wasn't sure if supplying to KAVA earn from Keplr

Question

I wasn't sure if supplying to KAVA earn from Keplr

resulted in compounding of the Keplr staked rewards or if I've just shifted from staking on Keplr to staking on KAVA, perhaps someone can clear that up?

#blockchain #cryptocurrency #english #kava

0

10.12.2022

15 ответов

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Twinkletoes Автор вопроса

CryptoDaz (Darren)
Kava Earn does not involve any compounding, the Ka...

So all the KAVA I put into KAVA earn is now locked in to the 12mth vesting period then? Or is it just the rewards my KAVA generates, do we have a set date for when they will be released?

0

10.12.2022

CryptoDaz (Darren)

Twinkletoes
So all the KAVA I put into KAVA earn is now locked...

No only the Kava incentives you earn. These vesting Kava will unlock 12 months after be claimed (on 1st and 15th of each month) on a rolling basis The Kava web app or mintscan will list your vesting periods and how much is due to unlock at each date

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10.12.2022

CryptoDaz (Darren)

Twinkletoes
So all the KAVA I put into KAVA earn is now locked...

The vesting kava rewards can be delegated to a validator via your Keplr wallet so they are still earning standard staking rewards during that vesting period which is compounding those rewards manually

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10.12.2022

Twinkletoes Автор вопроса

CryptoDaz (Darren)
The vesting kava rewards can be delegated to a val...

Okay so for example if I say wait 12mths to claim my rewards I will have to wait another 12mths before I receive them?

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10.12.2022

CryptoDaz (Darren)

Twinkletoes
Okay so for example if I say wait 12mths to claim ...

Yes, so is worth claiming more frequently Many users claim on the around the 14th or early on the 15th and again on the last day of the month but as the rewards can be immediately staked many claim daily and then staked them to maximize earnings

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10.12.2022

Twinkletoes Автор вопроса

CryptoDaz (Darren)
Yes, so is worth claiming more frequently Many use...

Oh okay so regularly claiming them with the monthly option and skipping the 12mth (400%) in favour of periodic manual compounding?

0

10.12.2022

CryptoDaz (Darren)

Twinkletoes
Oh okay so regularly claiming them with the monthl...

No I would always go with the 12 months vesting option, but claim regularly and immediate stake the vesting kava tokens via your Keplr wallet

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10.12.2022

Twinkletoes Автор вопроса

CryptoDaz (Darren)
No I would always go with the 12 months vesting op...

Okay yep that worked, i have more KAVA in my Keplr now but it doesn't look locked up, it looks like i can do whatever i want with it, i still cannot see what i do not have access to for 12 months on the KAVAapp, perhaps there is a tutorial or something, i'm confused

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10.12.2022

KEENTH Davis

Twinkletoes
Okay yep that worked, i have more KAVA in my Keplr...

Hello we sincerely apologize for experiencing this. Kindly provide us with your wallet address for verification.

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10.12.2022

CryptoDaz (Darren)

Twinkletoes
Okay yep that worked, i have more KAVA in my Keplr...

Mintscan can sometimes help see what is available and what is vesting

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10.12.2022

CryptoDaz (Darren)

Twinkletoes
Okay yep that worked, i have more KAVA in my Keplr...

Also the blockchain will switch any non-vesting Kava staked in standard staking with and vesting kava in your wallet (un-staked) so that might be what has happened

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10.12.2022

Twinkletoes Автор вопроса

CryptoDaz (Darren)
Mintscan can sometimes help see what is available ...

Okay so what is mintscan telling me here, that 2.47 Kava is locked up for 12mths and if i want to i can redelegate it like you were saying?

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10.12.2022

CryptoDaz (Darren)

Twinkletoes
Okay so what is mintscan telling me here, that 2.4...

Yes you have 25.2 liquid kava you can do what you want with (sell, stake or supply to kava earn for example) You also have 2.47 kava that is vesting and can't be moved, sold or supplied to kava earn, but you stake/delegate to a validator and earn 17.8% staking rewards (which are liquid) during that 12 months vesting period

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10.12.2022

Twinkletoes Автор вопроса

CryptoDaz (Darren)
Yes you have 25.2 liquid kava you can do what you ...

Thanks for you patience and understanding, there is budder all available on the app to explain this change and the language being communicated on the Discord and TG is very alarmist, people are quite frustrated so it would be nice to see something available for all users that helps to understand this, personally for me this isn't such a big deal as i can still pull out most of my Kava if i want to after the standard 21day period has expired, that was what i was most concerned about and i'm sure others are to

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10.12.2022

CryptoDaz (Darren) · Accepted Answer

CryptoDaz (Darren)

Kava Earn does not involve any compounding, the Kava rewards have a 12 month vesting period Kava Earn consists of standard staking rewards plus a boosted element, unfortunately the combined total rewards in Kava Earn are all vesting unlike standard staking which gives liquid rewards

0

10.12.2022

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I wasn't sure if supplying to KAVA earn from Keplr

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